News
Important Only
Toll Brothers up; J.P. Morgan upgrades to 'overweight'
Shares of homebuilder Toll Brothers TOL.N up 1.7% at $145.11 premarketJ.P. Morgan upgrades to "overweight" from "neutral" and raises PT to $161 from $138, implying a 12.8% upside to the stock's last close Brokerage anticipates that by 2026-end investors may reward slightly highe...Reuters
Thu, Dec 4
GLOBAL MARKETS-Stocks rise, dollar set for 10-day losing streak, as investors count on Fed rate cuts
Fed expected to cut rates amid weak economic dataU.S. dollar rebounds from five-week lowJapanese stocks lead gains, Nikkei up 2% as Fanuc soarsBy Amanda Cooper LONDON, Dec 4 (Reuters) - Global shares edged up on Thursday, powered by expectations that a U.S. rate cut next week will support the wor...Reuters
Thu, Dec 4
Utility MDU Resources drops on $200 mln equity offering
Electric utility and natgas provider MDU Resources' MDU.N shares down 3.3% at $19.57 premarket after $200 mln follow-on priced with forward sale componentBismarck, North Dakota-based MDU early Thurs announced ~10.2 mln shares at $19.70, a 2.7% discount to last closeCo entered into 2-year forward...Reuters
Thu, Dec 4
Snowflake shares fall on slower product revenue growth forecast for fourth quarter
Dec 4 (Reuters) - Snowflake SNOW.N shares slumped 8% in premarket trading on Thursday after the cloud data analytics company forecast slower product revenue growth for the fourth quarter, partly hit by discounts offered on the large, long-term deals.Chief Executive Officer Sridhar Ramaswamy said on ...Reuters
Thu, Dec 4
RPT-BREAKINGVIEWS-Endangering bears lets AI animal spirits run wild
By Jeffrey Goldfarb NEW YORK, Dec 3 (Reuters Breakingviews) - As the Alpine bear population neared extinction last century, Italy's red deer were freer to eat the mountainside vegetation, steadily throwing off the habitat’s fragile equilibrium. A similar ursine imbalance threatens markets tod...Reuters
Thu, Dec 4
ProShares withdraws some highly leveraged ETF plans after SEC review halt
Review for new products stopped until clarification issuedSEC had sent warning letters to nine ETF providersThe letters flagged outsized risks and sought more clarityBy Shashwat Chauhan Dec 4 (Reuters) - ETF provider ProShares has withdrawn its registration request for some highly leveraged excha...Reuters
Thu, Dec 4
Philips shares slump over 6% after Citi flags weaker growth
By Leo Marchandon and Danilo Masoni MILAN, Dec 4 (Reuters) - Shares of Philips PHG.AS fell over 6% on Thursday, making it the worst performer on Amsterdam's AEX .AEX index, after an analyst note raised concerns about its growth trajectory. The sharp decline, Philips' largest one-...Reuters
Thu, Dec 4
IonQ Is Yesterday's News: Buy This Quantum Computing Stock Instead
Key PointsIonQ is a pure-play quantum computing stock, as that's the company's only focus.Alphabet is responsible for key breakthroughs that have brought quantum computing much closer to real-world use.Alphabet's business will thrive whether or not quantum computing becomes the next big technology.1...The Motley Fool
Thu, Dec 4
Don't Go Into 2026 Without Knowing These Required Minimum Distribution (RMD) Changes
Key PointsIn 2026, required minimum distributions (RMDs) will begin for anyone who turns 73.RMDs are a way for the IRS to receive taxes after granting an up-front tax break.The initial penalty for missed RMDs is 25% of the amount you failed to withdraw.The $23,760 Social Security bonus most retirees...The Motley Fool
Thu, Dec 4
Pre-Bell | U.S. Futures Rise; UiPath Surges 8%; Dollar General Jumps 6%; Snowflake Sinks 8%; Symbotic Tumbles 14%
U.S. stock index futures were little changed on Thursday as investors took a pause after expectations of an imminent Federal Reserve interest rate cut lifted Wall Street's main indexes to new highs in the previous session, while caution prevailed ahead of a fresh batch of economic data.Market Snapsh...Tiger News
Thu, Dec 4
Here's Why I Wouldn't Touch Peloton Stock With a 10-Foot Pole Right Now
Key PointsPeloton's stock is down nearly 95% from its December 2020 high.Growing too fast made it hard for Peloton to adjust to a dramatic drop in demand once gyms were reopened.Peloton hasn't shown signs of a clear direction that investors can get excited about.10 stocks we like better than Peloton...The Motley Fool
Thu, Dec 4
2 Top AI Stocks to Buy in December
Key PointsThe generative AI opportunity is getting long in the tooth, but some good values still exist.One way investors can minimize risk is by betting on diversified technology companies. Two top names to consider now are Micron Technology and Taiwan Semiconductor.10 stocks we like better than Mic...The Motley Fool
Thu, Dec 4
JPM downgrades Fiserv, PayPal ratings to 'neutral'
J.P. Morgan downgrades payments firm Fiserv FISV.O and fintech giant PayPal PYPL.O to "neutral" from "overweight"PYPL shares fall 1% in premarket trading, FISV down 0.33%JPM also nearly halves FISV PT to $85 from $155, PYPL PT to $70 from $85Brokerage says confidence in FISV will tak...Reuters
Thu, Dec 4
Torrid Holdings slides after bigger-than-expected Q3 loss
Shares of plus-size apparel retailer Torrid Holdings CURV.N down 14.5% at $1.15 premarket after co reports bigger-than-expected Q3 lossCo posts net loss of $6.4 mln, or $0.06 per share, vs $1.2 mln loss y/y; adjusted EBITDA fell to $9.8 mln from $19.6 mlnNet sales down 10.8% to $235.2 million; compa...Reuters
Thu, Dec 4
MORNING BID AMERICAS-Odd jobs and bonds
By Marc Jones LONDON, Dec 4 (Reuters) - By Marc Jones, global markets correspondent What matters in US and global markets todayIt appears the U.S. economy is experiencing some pain and the dollar .DXY, =USD is among the assets that have fallen most as it heads for its 10th straight day of decline...Reuters
Thu, Dec 4
Genesco down after lowering FY profit, sales forecast
Shares of apparel and footwear retailer Genesco GCO.N fall nearly 23.7% to about $26.9 premarket Co cuts FY26 profit and sales outlook on weaker footwear traffic and consumer spending patterns during non-peak shopping days GCO now expects total sales to grow about 2% and comparable sales a...Reuters
Thu, Dec 4
Crescent Biopharma jumps after cancer drug partnership
Shares of drugmaker Crescent Biopharma CBIO.O rise 36.5% to $18.30 premarket Co says it has formed an exclusive partnership with China's Kelun-Biotech to develop and market new cancer treatmentsCo is also raising $185 million from investors to fund clinical trials - CBIOSays deal gives Kelun-Bio...Reuters
Thu, Dec 4
Dollar General up after annual profit forecast raise
Shares of discount retailer Dollar General DG.N up 3.3% at $113.50 premarketCo raises annual profit forecast on resilient demand at its discount stores for its affordable essentials from middle- and lower-income customers in the U.S. Now expects annual earnings per share in the range of $6.30 to $6....Reuters
Thu, Dec 4
US STOCKS-Wall Street futures flat before fresh economic data
Futures: Dow up 0.08%, S&P 500 unchanged, Nasdaq down 0.07% Hormel Foods rises after annual profit forecast above estimatesSalesforce climbs as FY26 outlook gets boostBy Johann M Cherian and Pranav Kashyap Dec 4 (Reuters) - U.S. stock futures were little changed on Thursday, as investors took...Reuters
Thu, Dec 4
CANADA STOCKS-Fresh bank earnings lift TSX futures
Dec 4 (Reuters) - Canada stock futures inched up on Thursday, as more lenders reported a rise in quarterly profit, pointing to a healthy banking sector as well as a resilient economy.Futures tracking the S&P/TSX SXFcv1 were up 0.12% by 06:54 a.m. ET.Toronto's main stock index .GSPTSE had ris...Reuters
Thu, Dec 4
